Hi Can some please help me to understand what is below fileds denotes BuyQuantity -> total buying volume for that session SellQuantity -> total selling volume for that session Volume -> volume for that session
if so then Can we Say Volume= BuyQuantity + SellQuantity
Volume is quantity of completed/executed trades for the day from market open to current time.
Whereas BuyQuantity and SellQuantity are the total quantities available for buy / sell at that point in time. The market depth shows only the top 5 price points available to buy/sell and the quantities for each. But the actual market dept at the exchange might run into hundreds of rows. While these cannot be shown, what they do provide is the total buy quantities and total sell quantities available in the system.
One is executed orders, the other is orders available to execute if a matching counter offer is made.
Volume= BuyQuantity + SellQuantity is wrong.
Volume is quantity of completed/executed trades for the day from market open to current time.
Whereas BuyQuantity and SellQuantity are the total quantities available for buy / sell at that point in time.
The market depth shows only the top 5 price points available to buy/sell and the quantities for each. But the actual market dept at the exchange might run into hundreds of rows. While these cannot be shown, what they do provide is the total buy quantities and total sell quantities available in the system.
One is executed orders, the other is orders available to execute if a matching counter offer is made.